Visa, MasterCard in Talks with Mobile Wallets for ‘Cardholder Present’ Rate | Bank Innovation

Sources tell us that Visa and MasterCard are looking to advance all mobile wallets by lowering their transaction fees.

Source: bankinnovation.net

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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